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314 Lexington Drive

314 Lexington Drive, Lebanon, TN 37087
House in Wilson
Sold Aug 11, 2020
$411,000
$356,000 by Southern Bank Of Tennessee
Mortgage Due Jul 01, 2051
Sold Jun 19, 2013
$320,000
$314,204 by Suntrust Bank
Mortgage
Local assessors in Lebanon, TN have categorized 314 Lexington Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,980 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 314 Lexington Drive has a total of 3,076 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,020 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 10, 2020 for $411,000. That's $100.34 per sqft. Prior to that sales transaction, the property was also sold in Jun 17, 2013 for $320,000. 314 Lexington Drive was last assessed in 2024. The total value of the property was assessed at $99,425. Specifically, the land the property is located on was valued at $16,250. While improvements on the property were assessed at a total of $83,175. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,020
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,096
  • Gross Building Area: 4,096
  • Building Area: 3,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RICHMOND HILLS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RICHMOND HILLS PB 20 PG 121 LOT 17 100X198

Ownership

  • Current Owner : OVIEDO LEONEL
  • Previous Owner : COLEMAN CLARIS CHARAE
  • Owner Before Previous Owner: HOPPEL MICHAEL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County School District in Lebanon
  • School Tax School District: 95404
  • Census Tract: 030202

Geography

  • Assessors Map Reference: 057H
  • District: 03
  • Parcel: 057H-A-017.00
  • Lot: 17
  • Municipality: LEBANON
  • Latitude: 36.2241
  • Longitude: -86.3724

    Address

  • Full Address: 314 Lexington Dr
  • Address - House Number: 314
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Lebanon
  • Carrier Code: R032
  • 4-Digit Zip Code: 4263
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 2,048
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 95E01

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 597,072
  • High Value: 709,538
  • Low Value: 484,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,000
  • First Open Lien Mortgage Lender: SOUTHERN BANK OF TENNESSEE
  • First Open Lien Mortgage Recording Date: Jun 09, 2021
  • First Open Lien Mortgage Loan Amount: $356,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $397,700
  • Market Land Value: $65,000
  • Market Improvement Value: $332,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $99,425
  • Assessed Land Value: $16,250
  • Assessed Improvements Value: $83,175

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11778603711
  • Current Sale Price: $411,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20716686
  • Previous Sale Recording Date: Jun 19, 2013
  • Previous Sale Contract Date: Jun 17, 2013
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN BANK OF TENNESSEE
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $349,350
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 10, 2021

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: Jun 19, 2013
  • Previous Mortgage Loan Amount: $314,204
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Lebanon



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Frequently Asked Questions

What neighborhood is 314 Lexington Drive located in?
The 314 Lexington Drive is a house located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 314 Lexington Drive?
The average sales price for units in 314 Lexington Drive is $0 currently.

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